Wells Fargo boosted the price target for Deere & Company (NYSE: DE) from $485 to $510. Wells Fargo analyst Seth Weber maintained an Overweight rating on the stock. Deere shares fell 0.5% to $431.08 in pre-market trading.
The resilient market faces another test on Thursday, as traders get to digest another set of economic data and a few Fed speeches. The index futures pointed to a cautious start on Thursday.
Cues From Wednesday’s Trading:
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
Benzinga takes a look back at a notable market-related moment that happened on this date.
What Happened?
In 1935, the Parker Brothers began sales of “Monopoly,” a now-global pastime.
Where Was The Market?
The Dow averaged $103.70 throughout February, while the S&P 500 averaged $8.98.